Entity Owned 
For Lease
$39,925,000
1550 17Th St, Denver, CO 80202
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Property summary
AI-generated overview
Ground-floor retail space is located within a Class A office building in Downtown Denver. The suite layout includes Suites 120–130, configured as a restaurant-ready space, and it can be combined with Suite 110 to create a combined total of 7,379 rentable square feet. The property has undergone or is undergoing exterior and lobby renovations, with updates currently in progress.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2000
Construction
WOOD
Total area
145,415 SF
Lot
0.57 ac (25,000 SF)
Zoning code
D-LD
APN
02331-11-024-000
UPID
US13-2557158
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Law Firm
-
Law Firm
-
Law Firm
-
Law Firm
-
Law Firm
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$34.97M
Comparable Approach
Comparable
$35.93M
Blend (final)
Blend
$39.93M
Owner & transaction history
since 2025
7 recorded transactions
Zoning & alternative use
D-LD · Denver, CO
Zoning description
Divisi ON 8 .4 LOWER DOWNTOWN DISTRICT (D-LD) s e cti O N 8.4.1 l O W er DO WN t OWN D istrict 8.4.1.1 General The provisions of this Division apply to all lands, uses and structures in the D-LD District. 8.4.1.2 Descrip…
General category
COMMERCIAL
Top alternative use upside
Restaurant
$59.5M
+9.2%
Auto repair, garage
$58.2M
+7.0%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 8 comparables with addresses
8 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$39.93M
Value range
$35.93M – $43.92M
±10% around blend
Estimated value / SF
$275 / SF
Confidence
High
8 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
80
$35.93M
blend $39.93M
$43.92M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
145,415 SF
Lot area
0.57 ac
Year built
2000
Stories
6
APN
02331-11-024-000
Zoning
D-LD
Assessed value
$18,448,660
Annual tax
$1,429,513
3
Income approach: direct capitalization
Partial preview
Income approach indication
$34.97M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$37.88M
@ 6.5% CAP return
$34.97M
@ 7% CAP return
$32.47M
4
Sales comparison
Partial preview
Sales approach indication
$21.42M
Weighted, 8 comps · high confidence
Evidence
8 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
10.9 mi away · 132,754 SF
13.0 mi away · 139,213 SF
13.2 mi away · 129,194 SF
13.3 mi away · 109,632 SF
13.8 mi away · 121,832 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$39.93M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 57 sales
$374
-27%
Submarket 778 sales
$256
+7%
County 334 sales
$302
-9%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $275/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+9%
vs current-use indication
Auto Repair, Garage
Office Building · current use
Neighborhood: Shopping Center
Commercial (general)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 8 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$18.45M
Move the market yield to see immediate price impact.
Value / SF
$127
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$1.16M
$23.25M
$16.60M
$12.91M
$1.29M
$25.83M
$18.45M
$14.35M
$1.42M
$28.41M
$20.29M
$15.78M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
8 found
High confidence · county-verified
Closest comparable
$33.00M
1.8 mi · Sep 2025 · $299/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,429,513
Tax year 2023
Assessed value
$18,448,660
Assessed 2023
Previous assessed
$19,356,250
-4.7% YoY
Effective rate
7.75%
On assessed value
Assessed land
$2,258,510
Assessed improvement
$16,190,150
Land market value
$8,125,000
Improvement market value
$58,029,200
Total market value
$66,154,200
Applied tax rate
320.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
2000
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
6
Total area
145,415 SF
Lot
0.57 ac (25,000 SF)
Zoning code
D-LD
APN
02331-11-024-000
UPID
US13-2557158
Jurisdiction
DENVER
Zoning & alternative use
D-LD · Denver, COZoning D-LD · permitted uses
D-LD · Denver, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
Divisi ON 8 .4 LOWER DOWNTOWN DISTRICT (D-LD) s e cti O N 8.4.1 l O W er DO WN t OWN D istrict 8.4.1.1 General The provisions of this Division apply to all lands, uses and structures in the D-LD District. 8.4.1.2 Descrip…
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
6
Lot
0.57 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
D-LD
COMMERCIAL
Jurisdiction
Denver, CO
Recorded code
D-LD
Official district
D-LD
Official district profile
What the municipal code says about D-LD
Zoning description
Divisi ON 8 .4 LOWER DOWNTOWN DISTRICT (D-LD) s e cti O N 8.4.1 l O W er DO WN t OWN D istrict 8.4.1.1 General The provisions of this Division apply to all lands, uses and structures in the D-LD District. 8.4.1.2 Descrip…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for D-LD in Denver, CO.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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